Greenfire Resources Cash Flow Statement

Financials in millions CAD. Fiscal year is January - December.

Millions CAD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Net Income	134.7	121.41	-135.67	131.7	661.44	-0.36
Depreciation & Amortization	103.28	95.28	131.5	68.61	28.29	-
Other Amortization	-4.81	-	-	29.85	2.15	-
Stock-Based Compensation	3.4	6.34	9.81	1.18	-	-
Other Operating Activities	-88.79	-58.85	55.4	-70.19	-653	-
Change in Accounts Payable	-	-	-	-	-	0.36
Change in Other Net Operating Assets	13.59	-19.64	25.51	3.57	-6.91	-
Operating Cash Flow	161.36	144.55	86.55	164.73	31.99	-
Operating Cash Flow Growth	46.85%	67.01%	-47.46%	415.01%	-	-
Capital Expenditures	-67.52	-87.4	-33.43	-39.59	-4.59	-
Cash Acquisitions	-0.68	-4.39	-	-	-359.54	-
Other Investing Activities	-4.39	-2.61	21.33	-24.15	27.6	-
Investing Cash Flow	-72.58	-94.41	-12.1	-63.75	-336.53	-
Long-Term Debt Issued	-	-	382.45	-	365.59	-
Long-Term Debt Repaid	-	-95.43	-313.9	-123.64	-	-
Net Debt Issued (Repaid)	-11.03	-95.43	68.56	-123.64	365.59	-
Issuance of Common Stock	-	-	67.12	-	0.02	-
Repurchase of Common Stock	-	-	-41.46	-	-	-
Common Dividends Paid	-	-	-59.39	-	-	-
Other Financing Activities	-	-	-34.82	-	-	-
Financing Cash Flow	-11.03	-95.43	0	-123.64	365.61	-
Foreign Exchange Rate Adjustments	-0.8	3.18	-0.29	-2.85	-0.19	-
Net Cash Flow	76.95	-42.11	74.16	-25.51	60.87	-
Free Cash Flow	93.84	57.14	53.12	125.14	27.39	-
Free Cash Flow Growth	503.46%	7.57%	-57.55%	356.85%	-	-
Free Cash Flow Margin	14.31%	7.22%	8.14%	13.19%	10.49%	-
Free Cash Flow Per Share	1.33	0.80	0.98	1.79	0.57	-
Cash Interest Paid	32.92	39.96	39.96	51.13	1.93	-
Levered Free Cash Flow	46.58	27.9	120.53	82.3	-	-
Unlevered Free Cash Flow	84.32	66.31	189.41	100.15	-	-
Change in Working Capital	13.59	-19.64	25.51	3.57	-6.91	0.36

Source: S&P Capital IQ. Standard template. Financial Sources.